Often when starting a new business, people are in search of start up capital. Many believe that one potential source of funding are grants. However, the reality is that there are few grants available to start a business. The Small Business Administration awards small business innovative grants, which are industry-specific and come from organizations like the National Institutes of Health,…
Here is some information form IRS regarding Calendar Year vs. Fiscal Year“A year is a year, right? Yes and no. Different types of businesses may use different types of “tax years” when it comes to figuring taxable income. A tax year is an annual accounting period for keeping records and reporting income and expenses.A calendar year runs from January 1…
The FTC has prepared a booklet, ”The Consumer Guide to Buying a Franchise.” The guide helps potential investors understand how to shop for franchise opportunities and know which questions to ask before investing. The government guide is available at www.franchise.org. If you need Corporation in state of Missouri for your new small business, Contact https://incparadise.net at 888-284-3821.
According to Visa USA, small business spent $4.7 trillion last year. This represents 29% of a total 16.3 trillion spent in U.S. commercial spending in 2005.Estimates for 2005 indicate that more than approimately 54% of small business spending was in the following top five expenditure categories: Raw materials/manufactured goods — $800 billion (17 percent); Professional services — $541 billion (11…
Pennsylvania Gov. Rendell is expected to reveal his proposed 2006 – 2007 budget on Wednesday. In the budget are tax cuts for small businesses which are intended to promote economic growth statewide. Rendell is expected to explain his plan in greater detail today. An overview provided by Capitolwire.com suggests that Rendell plans to reduce business taxes by $250 million. The…
In recent meetings with consultants and industry experts, the SC Insurance Department is considering an increase in worker’s compensation costs which would range anywhere from 12.7% up to and beyond 25%. A forum to discuss potential rate increases will be held in April. If you need Corporation in state of South Carolina for your new small business, Contact https://incparadise.net at 888-284-3821.